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> Having 350 more engineers on the market is only a good thing. Salaries in Boston have gotten to the point where an engineer with no experience just out of a m
by otras 7y ago
> Having 350 more engineers on the market is only a good thing. Salaries in Boston have gotten to the point where an engineer with no experience just out of a middling CS education can demand $120-150k and often get it. Where does that leave most (non-startup) companies here? With inexperienced and understaffed teams.
Isn’t that implying that most non-startup companies just aren’t willing to pay market rate for the devs that they want?
- ghc 7y agoNo it implies that rapidly hiring FAANG divisions are so desperate for talent they're willing to outbid anyone else. One could call that a market, but it's a market distorted by a few tech companies that are far wealthier than the rest.
- toomuchtodo 7y agoThat's called a market. If you're not a wealthy employer, you lose.
- unlinked_dll 7y agoYes there's a labor shortage. No it's not just FAANG paying those rates. Startups are also paying on par or just slightly below those rates.